AE Corporate Fact Sheet

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Corporate Fact Sheet

November 2010

Business Profile

Corporate Overview

Advanced Energy (AE) is a global leader in innovative power and control technologies for thin-film manufacturing and solar-power generation. The company recently acquired PV Powered, an innovation leader for grid-tied PV inverters that have set new industry standards in reliability and efficiency. AE focuses on high-growth applications, including solar grid-tied PV inverters, thin-film renewables, semiconductors, flat panel displays and other advanced processes.

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Founded: Headquarters: Employees: Revenues: Nasdaq: Phone:



Fax: Internet:

AE’s product portfolio includes precise, flexible power conversion products, accurate thermal instruments and global support services. Leveraging this focused product portfolio and technology leadership, AE creates solutions aimed at maximizing process impact, improving productivity and lowering cost of ownership for its global customers. Founded in 1981, AE continually pursues high-growth markets through strategic relationships, and proprietary development of core technologies that further strengthen the company’s position in process-critical applications.



1981 Fort Collins, CO USA 1,690 (September 30, 2010) $455 million (FY 2010 Est.)* AEIS +1.800.446.9167 +1.970.221.0108 +1.970.407.6550 www.advanced-energy.com

Market Leader in Key Markets AE is a consistent market leader with 40% to 45% average market share for power systems across key thinfilm manufacturing markets. AE achieved 22% US solar inverter market share for the first nine months of 2010. Revenue by End Market Q3 FY 2010

AE is committed to serving its customers worldwide. The company has a large global infrastructure with regional design centers in North America and Asia and comprehensive sales and support through direct offices, representatives and distributors worldwide. AE has world-class manufacturing facilities strategically located around the globe. Quality and environmental stewardship are core values. AE’s commitment to customer satisfaction, product performance, and continuous improvement is embodied by ISO 9001:2008 certification at locations worldwide. Environmental stewardship is integrated into new product design and technology development and managed throughout our business operations.

Quarterly Revenue Trend

(*) Subject to forward-looking statements as identified in the company’s filings with the Securities and Exchange Commission. © 2010 All rights reserved. Advanced Energy®, PV Powered™, SiteGuard®, and Solaron® are trademarks of Advanced Energy Industries, Inc. Advanced Energy Industries, Inc., 1625 Sharp Point Drive, Fort Collins, Colorado 80525

Product Portfolio

Product Highlights

Process Power Systems

PV Grid-Tied Inverter Solutions and Service

Direct Current Applications: Semiconductors, FPDs, solar cells, advanced thin-film applications and data storage

AE’s PV inverter technology includes the awardwinning Solaron® and PV Powered™ product lines, providing customers:

High Power Applications: FPDs, solar cells, architectural glass and advanced thin-film applications



Low- and Mid-Frequency Applications: Semiconductors, solar cells and advanced thin-film applications

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Complete, complementary product suite, 2 kW to 2 MW Lower levelized cost of energy (LCOE) Whole-site PV operations and maintenance (O&M) service offerings Industry-leading efficiency with CEC ratings of 97.5%

Radio Frequency Applications: Semiconductors, FPDs, solar cells, advanced thin-film applications, advanced product applications, etch and deposition RF Instrumentation Applications: Semiconductors, FPDs, solar cells, data storage and advanced thin-film applications Solar Inverters

Applications: Residential, commercial, and utilityscale solar PV Thermal Instrumentation

Thermal Measurement Applications: Semiconductors, solar panels and advanced packaging applications Global Services

Sales and Customer Support R&D, Manufacturing, Sales and Support Centers

Fort Collins, Colorado Vancouver, Washington Bend, Oregon

Hachioji, Japan Shenzhen, China Ontario, Canada

Global Coverage, Local Resources Comprehensive repair and enhancement programs for the complete lifecycle of your products Customized solutions for AE products at the fab level and the entire BoS at the PV site level

Other Worldwide Sales and Support Offices

Executive Management

Established and Emerging End Markets

Hans Betz Yuval Wasserman Danny Herron

Solar inverters Thin-film renewable LED Semiconductor Flat panel display Advanced product applications Global support

CEO President and COO Executive VP and CFO

San Jose, California Austin, Texas Taipei, Taiwan Singapore

Shanghai, China Tokyo, Japan Filderstadt, Germany Seoul, South Korea

Contacts Media: Advanced Energy Industries, Inc. Richard Roth, VP Marketing +1.970.407.6017 [email protected]

Investors: Advanced Energy Industries, Inc. Danny Herron, CFO +1.970.407.6570 [email protected]

© 2010 All rights reserved. Advanced Energy®, PV Powered™, SiteGuard®, and Solaron® are trademarks of Advanced Energy Industries, Inc. Advanced Energy Industries, Inc., 1625 Sharp Point Drive, Fort Collins, Colorado 80525